Active

23508 Lake Drive

Crestline CA, 92325

$1,600,000


$296.30 per sqft

Active

5,400 sqft

Commercial

Built in 1945

Listed by Ralph Liu with InvestorsAlly Realty 888-388-5432

This 12-unit Crest Lodge Historic Mountain Inn business of historical fame is situated in a very nice wooded area in Crestline on the San Bernardino mountains within half an hour drive from down the hill. It is the most convenient place and the quickest way for many local SoCal residents to drive up above 6,000 ft on Hwy 18 for some snow fun in the winter time. The property consists 4 parcels and is located right in the heart of Crestline. It is within walking distance to the restaurants, bar, grocery and liquor in the town center.

The unique and convenient location make it very attractive to run a profitable mountain resort business with active marketing and management. The property is currently leased out to a motel operator with an attractive NNN lease yield.

San Bernardino mountains serve over 22 million population in Southern California. It is the easiest place for local residents to go skiing or simply have some snow tubing fun with families during the winter time without having to go through the hassles to fly anywhere. In the summer time with the burning hot summer desert weather, local residents can drive up from almost anywhere in SoCal in less than hours to the many lakes among the majestic tall pine trees for a cool summer retreat. Reach Switzerland doorstep within only two hours! The proximity of these mountains to the beaches down the hills makes SoCal one of the few places in the world that local residents can boast to be able to ski in the morning, surf in the afternoon and sip wines in the evening, all in one day.

NP24072665

MLS ID

April 11, 2024

Listed

April 12, 2024

Updated

Map

23508 Lake Drive
Crestline CA, 92325

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

11-15 Units/Acre

Other Property Details

Area Name

286 - Crestline Area


Garage

No


View

No


County

San Bernardino


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing Contact: 888-388-5432 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/12/2024 at 7:15 AM UTC

 

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